Honda says electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous goal of ...

Industry Minister Mélanie Joly said Thursday that she’s spoken with officials at Honda and Stellantis, who’ve assured her that there would be no job losses despite a shift in both companies’ EV ...

CEO Toshihiro Mibe called it “a switch in the planned course,” stressing the long-term shift toward electrification remained ...

Honda announced on Tuesday that it will scale back its ambitious electric vehicle (EV) targets, citing slower-than-expected ...

Honda chief executive Toshihiro Mibe ... over the next roughly half-decade because EV adoption has fallen behind the company’s initial projections. As a corollary shift in strategy, the company plans ...

Instead of the initial plan to invest 10 trillion Yen ($69 billion) in an electrification strategy ... EV market due to several factors, including changes in environmental regulations,” Honda ...

0:35 Joly to speak with Honda after it postponed $15B EV investments in Ontario Honda ... in an electrification strategy through the fiscal year ending in 2031, Honda is reducing that investment ...

Honda plans to reduce EV investment by $20 billion to focus on hybrids amid a global sales slowdown. Its CEO cited regulatory changes and slowing EV growth as key reasons for a strategic shift.

TOKYO, May 20 (Reuters) - Honda Motor (7267.T), opens new ... It's one of a number of global car brands dialling back EV investment due to the shift in demand in favour of hybrids and as ...

See All 63 Photos Honda is following a different strategy and using a different EV platform and supply chain for China than the rest of the world because the market in China is unique and moving ...